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From teens to seniors: Fraudsters customize scams by age in AP

From teens to seniors: Fraudsters customize scams by age in AP

Time of India20 hours ago
Visakhapatnam: Cybercrooks in Andhra Pradesh are turning increasingly tech-savvy, tailoring scams to match the age and vulnerabilities of their targets, according to the state's cybercrime police.
Each age group is susceptible to distinct cyber financial frauds, enabling scammers to siphon off lakhs to crores from unsuspecting victims.
Youngsters aged 20–25, particularly students and unemployed youth, are being lured with fake online and overseas job offers promising attractive pay, flexible hours, and career growth. Fraudsters share links to bogus portals, tricking victims into divulging personal information or making advance payments.
Inspector of cybercrime police station, Vizag, K Bhavani Prasad said working professional between 30 and 45 years fall prey to investment scams. With aspirations to grow their income, individuals are often targeted with fraudulent stock market tips, crypto investment traps, and high-return promises. Scams promising easy profits are particularly aimed at those seeking financial advancement, with many receiving misleading messages and advertisements.
Regulatory bodies have repeatedly cautioned investors to remain vigilant, but the prevalence of such fraudulent schemes continues to rise, causing significant losses and distrust among the public, he added.
On average, more than 300 cybercrimes are being reported each month in Andhra Pradesh. Among various types of cybercrimes, victims are suffering significant financial losses, with amounts ranging from Rs10 lakh to Rs one crore in each reported case of investment fraud.
Notably, it has come to light that some high-profile individuals who have fallen prey to investment frauds are choosing not to lodge complaints, often due to feelings of embarrassment, said a senior police officer.
Senior citizens aged 60 to 70 are increasingly falling prey to digital arrest scams. Fraudsters, masquerading as government or law enforcement officials (CBI, ED, Customs and others), are contacting victims, levelling accusations of serious crimes and subsequently extorting money on the pretext of helping them avoid legal trouble.
Cities like Vizag, Vijayawada, Tirupati and Kurnool cities in the state contribute around 40 to 50 per cent of Andhra Pradesh's cybercrime cases.
"Despite a decrease in physical crimes like thefts, robbery and assault, white-collar cybercrime is on the rise in the state and the cybercrooks have been coming up with new means of duping people to the tune of crores" . "We're focusing on advanced technological tools to curb such offenses," a senior police offier said.
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